August 20, 2023
JH Energy Corp (“JH Energy” or the “Company”) is pleased to announce the successful completion of the SE-1 exploration well in the DOA block, Chad. The SE-1 well was drilled to a total vertical depth of 12,500 feet and encountered significant oil and gas reservoirs. The well has already produced an initial flow rate of 3500 barrels of oil equivalent per day (BOE/D). This remarkable achievement marks a major milestone in the development of the DOA block, further validating the area’s substantial resource potential. SE-1 is the first exploration well in the block, and its completion underscores JH Energy’s technical expertise and commitment to advancing exploration in Chad.“
This discovery in the DOA block is a testament to our team’s capability and strategic vision. We are excited to see the results from SE-1 and look forward to continuing our exploration and development program in this highly prospective region,” said Joe Zhang, CEO of JH Energy Corp.
About JH Energy Corp
JH Energy Corp is an international energy company specializing in the exploration, development, and production of oil and natural gas assets. The Company’s flagship project is the DOA oil block in Chad, where JH holds exclusive development rights through a Production Sharing Agreement (PSA) with the government of Chad. JH Energy is focused on creating value through innovation and sustainable energy development practices.
For more information, visit our website at www.jhenergycorp.com.
Contact Information:
Joe Zhang
CEO, JH Energy Corp
Email: joe_zhang@jhenergycorp.com
Phone: 1(409)223-6625